R 3 225 000
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450 m² Commercial space in Grahamstown Central

73 high street
2 363 m² 450 m²

Prime Commercial Retail Building in Makhanas CBD - Exceptional Investment Opportunity

This double-story commercial property, ideally situated in the heart of the CBD, is located on the incoming side of traffic, providing excellent visibility and accessibility. The building offers a generous 225 sqm of retail space on the ground floor, with an additional 225 sqm upstairs, perfect for offices, a workshop, or storage. The upstairs area also has the potential to be leased separately with its own entrance.

Key Features:

Ample Parking: Off-street, secure parking under cover, with access from the back of the property. The rear parking area is ideal for multiple vehicles, including loading space.

Enhanced Security: The property is well-secured with perimeter walls, an alarm system with external beams, and 16 CCTV cameras, ensuring peace of mind.

Versatile Layout: The property can be easily divided into two sections, with a spacious trading area on the ground floor and flexible space upstairs.

Reliable Tenants: The current long-standing business tenant is wanting to remain, with a negotiable, long-term lease ensuring a steady rental income for an investor.

Prime Location: Strategically located in the CBD, offering high foot traffic and convenient access for customers.

Ablution Facilities: Ample ablution facilities for both males and females, enhancing convenience for staff and customers.

Additional Space: Includes an outside workshop or storeroom, providing extra functionality for various business needs.

Price: Excludes VAT.

This property presents a rare investment opportunity in the CBD, offering a stable income stream and potential for further customization. Opportunities like this are seldom availablecontact us to schedule a viewing at your convenience.

Property details

  • Listing number T4754685
  • Property type Commercial
  • Listing date 19 Aug 2024
  • Land size 363 m²
  • Floor size 450 m²
  • Rates and taxes R 4 195

Property features

  • Bathrooms 2

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